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GREATER COLOMBO WASTEWATER PROJECT

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Sri Lanka : € 50,000,000
Water, sewerage : € 50,000,000
Signature date(s)
20/01/2017 : € 50,000,000
Link to source

Summary sheet

Release date
25 January 2016
Status
Reference
Signed | 20/01/2017
20140457
Project name
Promoter - financial intermediary
GREATER COLOMBO WASTEWATER PROJECT
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 156 million
Location
Sector(s)
Description
Objectives

As part of the Greater Colombo Water and Wastewater Management Improvement Investment Program initiated by the Asian Development Bank (ADB), this project will support the improvement of wastewater collection and treatment facilities of Colombo's south catchment area. The project will improve resilience to intense storms and also result in reduced emissions.

Expanding coverage and efficacy of sanitation services will reduce pollution in the city, its watercourses and the sea, therefore having a positive impact on health and livelihoods. The project thus contributes to UN sustainable development goal (SDG) 6 (clean water and sanitation) and is eligible under the External Mandate for EIB activity in Asia and Latin America, in particular regarding social infrastructure and environment (sanitation).

Environmental aspects
Procurement

The project will generally benefit the environment and public health by improving and extending sewage collection and treatment before discharging into the sea. The ADB is in the process of carrying out initial environmental examinations (IEEs) for all components, which will also include contractor environmental management plans. At this stage no environmental impact assessment (EIA) is expected to be required for components included in this project. Two project components are expected to require resettlement and another the re-possession of land owned by Colombo Municipal Council currently used by a school as sports grounds. Resettlement plans are being prepared in line with national legislation and ADB's Safeguard Policy Statement, which are acceptable to the EIB.

The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - GREATER COLOMBO WASTEWATER PROJECT
Publication Date
14 Jun 2016
Document language
Main Topic
Lending
Document Number
67024364
Document Focus
Environmental Information
Project Number
20140457
Sector(s)
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - GREATER COLOMBO WASTEWATER PROJECT - Initial Environmental Examination (IEE)
Publication Date
27 Aug 2020
Document language
Main Topic
Lending
Document Number
133102899
Document Focus
Environmental Information
Project Number
20140457
Sector(s)
Countries
Publicly available
Download now

News & Stories

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Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
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Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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